Energy Intelligence Briefing articles from June 2007

Energy Intelligence Briefing archives from June 2007

First-ever Category 5 storm hurts Mideast oil exports.
June 4, 2007... HOUSTON/NEW YORK -- The Arabian Sea is being hit by a tropical cyclone of unprecedented strength that is already blocking all shipping traffic through the Strait of Hormuz, which sees some 13 million barrels of Mideast oil pass every day....

For now plenty of crude to meet demand growth.
June 5, 2007... NEW YORK--Global crude markets remain well-supplied as total crude oil and liquids output for May was 1.76 million barrels per day ahead of global products consumption, following a surplus of 1.71 million b/d in April, preliminary data from EIB...

Oil market fundamentals lean toward the soft side.
June 15, 2007... NEW YORK -- Oil markets may be roiling on the surface, with the constant battering of geopolitical news and physical events, but beneath the waves supply-demand fundamentals are relatively mellow, according to an assessment by EIB sister...

High tax causes sharp drop in Russian Q3 oil exports.
June 15, 2007... MOSCOW -- Faced with limited interest to send crude outside of Russia because of the country's scathingly high export taxes, Moscow has mapped out a sharp cut of 195,000 barrels per day in Russian oil exports during the third quarter of the...

Gale warnings for Forties area as Platts riles traders.
June 19, 2007... LONDON -- Compared with the frenetic trading and volatility of futures markets, the physical crude oil scene is normally fairly placid. Not now, it isn't. North Sea traders voiced their anger and frustration on Tuesday in London with a decision...

Iraqi crude oil exports to Asia take tumble in June.
June 21, 2007... NEW YORK -- Iraqi oil exports in June are expected to come in at 1.48 million barrels per day, roughly 150,000 b/d below the 1.63 million b/d recorded for May, the highest volume since last September. The June loadings schedule shows volumes to...

Iraqi loading program April 2007.
June 21, 2007... Iraqi Loading Program April 2007 Date Vessel Vol.* Dest. Lifter 1 Adair 1000 Portugal Petrogal 2 Andromeda Voyager 2,000 USG Chevron 3 Serenity 750 India IOC ...

Iraqi loading program May 2007.
June 21, 2007... Iraqi Loading Program May 2007 Date Vessel Vol.* Dest. Lifter 1 Famenne 2,059 US 2 SKS Sinni 1,001 Spain Cepsa 3 Protaras 1,711 China Rillfung 4 Argenta ...

Russian loadings rebound as export netbacks strengthen.
June 27, 2007... MOSCOW -- Despite much tighter export plans recently issued for the third quarter as a whole, Russia is opening up the oil taps in July, adding 29,000 barrels per day from the previous month's initial export schedule (EIB Jun.15). Netbacks from...

Primorsk July 2007 crude loading program.
June 27, 2007... Primorsk July 2007 Crude Loading Program Date Position holder (producer) Vol.* 30-1 Lukoil 105 30-1 TNK-BP Holding 100 30-1 Surgutneftegas 109 1-2...

Novorossiysk July 2007 crude loading program.
June 27, 2007... Novorossiysk July 2007 Crude Loading Program Berth 1 Position holder (producer) Vol.* 30-1 Rosneft 145 3-4 TNK-BP Holding 145 5-6 ...

Gdansk July 2007 crude loading program.
June 27, 2007... Gdansk July 2007 Crude Loading Program Date Position holder (producer) Vol.* 14-15 Kaztransoil[dagger] 129 18-19 Bashneft 100 21-22 Kaztransoil[dagger] 129 30-31 ...

Odessa July 2007 crude loading program.
June 27, 2007... Odessa July 2007 Crude Loading Program Date Position holder (producer) Vol.* 1-2 Kaztransoil 45 4-5 Kaztransoil 80 7-8 Surgutneftegas 80 10-11 ...

Tuapse July 2007 crude loading program.
June 27, 2007... Tuapse July 2007 Crude Loading Program Date Position holder (producer) Vol.* 28-3 Lukoil 32 5-9 Gazprom Neft 70 12-16 Russneft 81 19-22 ...

Yuzhny July 2007 crude loading program.
June 27, 2007... Yuzhny July 2007 Crude Loading Program Date Position holder (producer) Vol.* 4-5 TNK-BP Holding 80 7-8 TNK-BP Holding 80 10-11 Lukoil 82 13-14 ...

Market compass.
June 27, 2007... LONDON -- Although crude oil prices have had a volatile ride over the past month, with front-month Brent futures trading a $5.45 range, Russian Urals sellers should be smiling: At today's prices, a barrel of Urals is worth about $2.80 more in...

West Africa gets healthy on renewed US demand.
June 27, 2007... LONDON -- After a roller coaster month, West Africa's August loading crudes are now moving briskly thanks to improving US demand for light, sweet Nigerian grades and a spurt of Asian baseload buying of medium, heavy sweet crudes. So far...

Nigerian loadings for July 2007.
June 27, 2007... Nigerian Loadings For July 2007 Date Vol.* Seller Buyer Desi. Bonny Light 33.61[degrees]API, 0.14%S 3-4 950 Stasco Vitol 6-7 950 Stasco ...

Angola loadings for July 2007.
June 27, 2007... Angola Loadings For July 2007 Date Vol.* Seller Buyer Desi. Cabinda 32.8[degrees]API, 0.12%S 1-2 950 Total Formosa Asia 5-6 950 Sonangol ...

West Africa loadings for July 2007.
June 27, 2007... West Africa Loadings For July 2007 Date Vol.* Seller Buyer Dest. Equatorial Guinea Zafiro 31.0[degrees]API, 0.25%S 3-4 1000 Exxon[double dagger] Asia 7-8 1000 Stag...

Nigerian loadings for June 2007.
June 27, 2007... Nigerian Loadings For June 2007 Date Vol.* Seller Buyer Dest. Bonny Light 33.61[degrees]API, 0.14%S 3-4 950 NNPC Arcadia Pertamina...

Angola loadings for June 2007.
June 27, 2007... Angola Loadings For June 2007 Date Vol.* Seller Buyer Dest. Cabinda 32.8[degrees]API, 0.12%S 4-5 950 Chevron Sinochem Asia 8-9 950 Sonangol Unipec ...

West Africa loadings for June 2007.
June 27, 2007... West Africa Loadings For June 2007 Date Vol.* Seller Buyer Dest. Equatorial Guinea Zafiro 31.0[degrees]API, 0.25%S 2-3 1000 Stag Cepsa Med. ...